BAMSI using just 22 percent of its land
A CABINET minister yesterday said he is aiming to expand the Bahamas Agriculture and Marine Science Institute’s (BAMSI) production, with just 22 per cent of available land currently being cultivated.Renward Wells, minister of agriculture and marine r
PLP 'should be the last to speak' on fiscal propriety
THE Deputy Prime Minister last night said the Opposition “should be the last to open their mouths on fiscal propriety” as he hit back at criticisms of the Government’s borrowing.K P Turnquest, pointing to the “massive ramp-up” in the national debt un
Resorts enjoy 'very good' Easter period
MAJOR Nassau/Paradise Island hotels yesterday reported “very good” business over the Easter weekend, with the Nassau Airport Development Company (NAD) receiving a “welcomed boost” from CARIFTA games.“All terminals were busy with passengers excited to
Gov't to 'get cracking' on cruise shake-up
The Tourism Minister yesterday pledged to “get cracking” on Prince George Wharf’s overhaul, revealing that cruise ship crew spend more in St Maarten than their passengers do in Nassau.Dionisio D’Aguilar told Tribune Business that “the time has come t
Web shops: No 'red flag' with us
WEB shops yesterday slammed claims they are open to financial abuse and responsible for the Bahamas’ recent ‘blacklisting’, saying: “No one can point to any red flags.”Gershan Major, the Bahamas Gaming Operators Association’s (BGOA) chief executive,
Charge bungle acquits trio of false declaration
A WELL-known businessman and two employees were acquitted of making a false $28,401 US currency declaration because Crown prosecutors failed to charge them with a conspiracy.This meant that allegedly “inconsistent” statements made by James Curling, p
Insurance cover 'did not pay off' post-Matthew
THE Inter-American Development Bank (IDB) has backed industry calls to eliminate VAT on property and casualty insurance, as many policies “did not pay off” following Hurricane Matthew.The bank, in its assessment of the economic damage and loss inflic
Irma to widen deficit by $44m
HURRICANE Irma-related reconstruction is expected to widen the 2017-2018 fiscal deficit by $44 million, the Inter-American Development Bank (IDB) has warned.The multilateral lending institution, in its assessment of the economic loss and damages infl
Fishers Alliance not opposed to Oban
MANY fishermen are not opposed to the $5.5 billion Oban Energies oil refinery and storage terminal project, the Bahamas Commercial Fishers Alliance’s (BCFA) president said yesterday.Adrian LaRoda told Tribune Business that the Bahamas should seek to
Private sector 'can't sit still' on energy solutions
THE private sector has been urged to drive green energy solutions for the Bahamas, a Chamber of Commerce executive arguing: “Sitting still gets us nowhere.” Debbie Deal, head of the Chamber’s energy and environment division, told Tribune Business tha
Fishermen eye 'bigger' 2019 crawfish season
BAHAMIAN fishermen are already looking towards a “bigger” 2019 crawfish season, the Bahamas Commercial Fishers Alliance’s (BCFA) president yesterday confirming this year “did not turn out as bad as expected”.“I think we did OK,” Adrian LaRoda told Tr
Nassau airport operator unveils new scholarship
VANTAGE Airport Group, which manages both Lynden Pindling International Airport (LPIA) and Greater Moncton Roméo LeBlanc International Airport, has introduced a new aviation scholarship. The Rob Robichaud Vantage Airport Group Scholarship offers $9,0
DPM slams 'unfounded' corporate taxation fears
The Deputy Prime Minister has slammed as “very much unfounded” fears that the Government will be able to introduce corporate taxation with little to no warning.K P Turnquest, responding to growing concerns over the proposed legislative response to th
Bahamas facing 'hard choices' on $710m storm woe
THE Bahamas has been warned that “the era of tough choices has arrived” after Hurricanes Matthew and Irma caused a combined $710 million in economic damages and loss.The Inter-American Development Bank (IDB), in two separate 100-plus page reports on
New auto dealers: 'If you can't beat them, join them'
BAHAMIAN auto dealers are adopting an “if you can’t beat them, join them” approach after new vehicle sales declined by almost 25 per cent for the first two months in 2018.Fred Albury, the Bahamas Motor Dealers Association’s (BMDA) president, told Tri
